Govt levies 30% import duty on Chana, Masoor
The Dollar Business Bureau In order to protect the interests of farmers, the Government on Thursday imposed an import duty of 30% on masoor (red lentil) and chana (chickpeas) to support domestic prices. Earlier, there was no import duty on these pulse varieties and these could be freely imported. “The Government has decided to impose 30% import duty on chana (chickpeas) and masoor (lentils), with immediate effect,” Ministry of Finance said in a statement. “Production of chana and masoor is expected to be high during the forthcoming Rabi season, and cheap imports, if allowed unabated, are likely to adversely affect the interest of the farmers,” it added. According to the Ministry of Agriculture data, plantings of gram were 14% higher on yearly basis till the end of last ...
India to import additional 3,000 tonnes of pulses
Deepak Kumar | The Dollar Business In the wake of falling production and soaring prices of pulses, the government has decided to import 3,000 tonnes of pulses – 2,000 tonnes of tur and 1,000 tonnes of urad—to meet the domestic demand. The decision was taken on Monday during a meeting between Union Cabinet Secretary P K Singh and secretaries of states departments. Singh also directed all states to increase procurement and create a buffer stock of pulses. The government had earlier imported 5,000 tonnes of tur and placed a revised order for importing additional 2,000 tonnes of chickpeas. “Cabinet Secretary directed that all the 400 outlets of Kendriya Bhandar and Safal in Delhi should start distributing imported tur dal immediately,” Ministry ...
